Global Flexible Plastic Pouches Market by Material (PE, PP), Type (Flat Pouches, Stand-up Pouches), Application (Food, Beverage), Regional Forecasts 2021-2027

Global Flexible Plastic Pouches Market by Material (PE, PP), Type (Flat Pouches, Stand-up Pouches), Application (Food, Beverage), Regional Forecasts 2021-2027

Global Flexible Plastic Pouches Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Flexible pouches are single-use bags that are typically composed of metal foil, plastic, or paper. They are widely found on shop shelves throughout the world and are used to pack everything from snack foods to industrial chemicals. Flexible pouches have become increasingly popular for food packing in recent years. This is due to the fact that many of them are resealable, eco-friendly, and less expensive than alternatives such as glass, metal, and cardboard containers. The market is driven by increased health awareness and rising per capita income have led to increased demand for packaged foods and beverages, which increases pouch demand. According to ASSOCHAM (The Associated Chambers of Commerce and Industry of India), packaged food annual spending in India increased by 22.5 percent annually from 2010 to 2015. The growing modernization, as well as improved standards of living and a preference for convenience foods, all contribute to a growth in packaged food demand. The need for pouches is driven by this increase in packaged food demand. However, stringent government regulations may impede market growth over the forecast period of 2021-2027.

During the forecast period, the APAC region is projected to be the major market with the fastest CAGR. APAC's growth has been fueled by rising disposable income in countries such as China and India, a growing middle-class population, increased demand for packaged foods, and the expansion of the food and beverage sector. Furthermore, the APAC flexible plastic pouches market is growing due to increased consumer spending and packaging material manufacture in rising economies such as China and India. During the forecast period, China is expected to be the world's fastest-growing market.

Major market player included in this report are:
Sigma Plastics Group
Glenroy, Inc
Daklapack Europe B.V.
Berry Global Inc.
Sealed Air Corp.
Amcor Plc
Constantia Flexibles Inc.
Korozo Ambalaj San. VE TIC. A.S.
Gualapack S.P.A.
Uflex Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:
Polyethylene
Polypropylene
Others
By Type:
Flat Pouches
Stand-up Pouches
By Application:
Food
Beverage
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Flexible Plastic Pouches Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Sigma Plastics Group
Glenroy, Inc
Daklapack Europe B.V.
Berry Global Inc.
Sealed Air Corp.
Amcor Plc
Constantia Flexibles Inc.
Korozo Ambalaj San. VE TIC. A.S.
Gualapack S.P.A.
Uflex Limited